Tuesday, 4 January 2011

Region. Best for rents and capital growth

Sydney’s outer ring housing market, particularly in the south-west and west, would outperform other Sydney areas in rents and capital growth in 2011, according to SQM Research’s MD, Louis Christopher, in The Australian Financial Review. Dr Andrew Wilson, senior economist with Australian Property Monitors, said Sydney would remain the gold standard for housing investment in Australia. “Constrained by geographical barriers, a chronic shortage of housing stock is unable to satisfy its growing populace,” he said.